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20121205
20121205
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. >> one key part of the plans is the creation of a banking union. finance ministers were supposed to be discussing the first steps to building such a union today, but the talks collapsed without progress. the discussions are very contentious, mainly because of the devolution of national powers to brussels. our correspondent has been following the talks and explained why they collapsed. >> another meeting on this next question, another failure. basically, the differences between member states were not healed. on the one side, you've got germany being very questioning about the central core idea, which is that the european central bank will become the supervisory body for the whole euro banking area, insuring heavy capitalization of banks to bolster them against future economic shocks. germany does not think that is necessarily the right body to do it. it certainly does not think that all 6000 banks in europe should be involved. france on the other hand -- france and spain leading the charge, saying that this must be done now. financial markets are being very good and not panicking,
teaching her children. >> gretchen: the american federation of teacher's union is proposing a bar exam to weed out bad apples. will it work or just tryingo cover up other stuff. a elderly teacher resigned from the union years ago in florida. good morning. >> gretchen: why did you resign from the union? >> i left the union because i saw no purpose in belonging to it and i was broke, i was a teacher and i needed money. >> steve: and you live in florida, you don't have to belong to the union. >> exactly. >> steve: what do you make of the proposal by the american federation of teachers. they will have a high standard like a bar exam for teachers because it is hard to be a lawyer and hard to become a teacher, right? >> right. [laughing] i don't buy it. every state already has in place certification tests that people take. i believe that their intention to make the standards more rigorous. i fully support and i think you node the best of the best teaching the students. but at the same time. you continue to demand higher and higher quality and somebody has to pay for it. >> gretchen: don't yo
picket lines will be back on the job later. shippers and the union agreed to federal mediation on tuesday. the clerks have been working without a contract for two years. the strike shut down ten of the port's 14 terminals, backing up several ships waiting to off load their cargo. >>> still to come, egyptian president morsi has returned to work just a short time ago after leaving the palace during protests last night. we'll have the very latest from cairo when we come back. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. >>> a recap of the headlines. the fiscal fight rages on in washington as republicans try to fend off an internal divide. shanghai stocks jump after china's government plengs to support pro-growth economic reforms. chancellor osborne preparing to deliver his autumn statement. thousands of egyptians are still cam
of the union, that seems like the good ole days. charming time of being a jerk back then. >> that sounds relatively quaint. when nickelodeon decided they wanted to use the song as kind of like the springboard for a whole christmas special which actually airs tomorrow, it is a stop motion, done like rankin bass rudeolph special from the '60s, it is really cool. i came up with this story and andy palely and i where we were trying to find a reason for this. we said there must be be something like a jerk toy like a media of jerktonium. woke up over earth and landed in certain places. >> stephanie: all of the states currently looking it to secede. >> you might want to go through there with a geiger counter and take a jerktonium reading. the special involves this jerktonium meteor that -- the radiation turns people into these dispentic cranky bullies at this time of year where you really should be working to be the opposite of that. baby steps. then we'll work on the other 51 weeks of the year. >> stephanie:
goods shipped into the country come through those ports. union workers there were protesting the outsourcing of jobs. there's no word, yet, on the terms of the deal struck. >>> and speaking of the economy, there's important news for anyone who owns a home or is looking to buy. prices, skyrocketing to levels we have not seen in years. and "weekend gma" anchor bianna golodryga is here with the latest. good morning, bianna. >> reporter: good morning to you, josh. important news and good news. everyone's been waiting for the housing market to take off since the collapse in 2008. now, we're learning that home prices jumped 6.3% in october, compared to the same time last year. that's the biggest year-to-year gain since 2006. now, prices rose in 45 states, led by a 21% jump in arizona and a 13% rise in hawaii. and according to the national association of realtors, they say the number of homes available right now, the lowest level in ten years. these are great numbers, josh, that's helping to increase demand along with historically low mortgage rates. finally some good news. >> some
Search Results 0 to 4 of about 5